Crude Oil Prices

High crude oil prices help Saudi energy company Aramco earn $88 billion in first half

The oil and gas company, which is nearly entirely state-owned by Saudi Arabia, said this sets a new quarterly earnings record for Aramco since it first floated around 5 per cent of the company on the Saudi stock market in late 2019

Foreign Investors buy Indian shares worth massive Rs. 14000 crore in first week of August

FPIs turned net-buyers in July after nine straight months of heavy net outflows, starting from October last year. From October 2021 to June 2022, they sold a massive Rs 2.46 lakh crore in Indian share markets

Rupee gains 46 paise to 78.94 per US dollar ahead of RBI policy outcome

The RBI's rate-setting panel - the Monetary Policy Committee - will announce its bi-monthly review later in the day. Persistent foreign fund inflows into capital markets and softening crude oil prices boosted the local currency

Global factors, macro data, earnings to drive market trends this week, say analysts

According to the analysts, foreign fund movement, crude oil prices and trend in rupee would also act as major drivers for the equity market

Oil prices tumble over China's worsening COVID-19 outbreak; Twitter rises on Elon Musk deal

Crude prices dove more than three per cent on growing concerns over Chinese lockdowns in response to its latest coronavirus wave

Russia-Ukraine crisis: 'Commodity, raw material prices may see steady rise; steel output to be hit'

Both Russia and Ukraine are net exporters of steel, cumulatively to the tune of almost 40 million tonnes, which will affect international steel availability, said Indian Steel Association

Rupee slips 13 paise to 8-week low of 74.44 against US dollar as crude oil prices rise

At the interbank foreign exchange market, Rupee opened on a weak note and witnessed an intra-day high of 74.41 and a low of 74.63 against the US dollar in day trade

Petrol crosses Rs 100 in Bihar after another price hike; diesel up by 25 paise

The increase, second in as many days and 31st in less than two months, took rates across the country to fresh highs with Bihar becoming the latest state to see petrol cross Rs 100-a-litre mark

Oil prices gain for fourth day on signs of output cuts, better demand; Brent crude up 0.7% to $35 per barrel

Oil prices rose for a fourth straight session on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic

Rupee slips 33 paise at 75.91 on concerns over rise in crude prices, weak domestic equities; stimulus fails to cheer investors

The rupee plummeted by 33 paise to close at 75.91 against the US dollar on Monday, tracking weak domestic equities and foreign fund outflows